You are right about DD. Reading the years of disclosures have been fascinating. Between 2012 and 2017 it reads like a children’s coloring book.
Looks the former CEO failed to execute that grand WRFX plan you referenced.The Paranotek CEO took over after the parent company went broke after being sued by a stock pump creditor who never got his bill paid.
What does a Reg A+ bring to the equation? I don’t understand what the obsession surrounding the topic.
The whole Reg A+ story seems pretty sketchy to me. How many times can a company promote they are being funded by unregistered broker dealers and never execute?
In the recent disclosures, ASTA mentions Scott Eppinga, Alex Dillion, Alan Silberstein, Irv Miniker and Yohan Naraine by name so something is going on in lawyer offices. The company hired the Basile Law Firm and they are vocal advocates against toxic lenders and synthetic short selling of unattributed shares between proprietary trading systems. It seems like the new CEO loves investing in law firms and has a political agenda.
Carden Capital no longer exist.
Paranotek, LLC no longer exist
WRFX Board of Directors fired
Chairman and CEO resigned
Multiple Litigation Cases
Expert Market Tier
Since 2020, there was a quit period and obviously a new plan being executed.
No share dilution since 2020
Committed to no reverse split
Creative JV business strategy
In person shareholder meeting 2023
Consistent revenue albeit nominal
Retired excess shares
Tier upgrading slowly
Litigation Endurance Marathon
New Communication Policy
I guess we shall find out one way or another.
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